CHART LOOKS A BIT COMPLICATED BUT THERE IS LOT TO TELL HERE 1 - FIRST OF ALL ON WEEKLY CHART NIFTY FORM A HANGING MAN CANDLE WHICH IS A BEARISH SIGNAL ON TOP OF UPTREND 2 - NIFTY REMAINS IN CONGESTION PERIOD FOR 8-10 DAYS WHICH I RECON A DISTRIBUTION PHASE 3 - LAST WEEK VOLATILITY SUGGEST THERE IS CLIMAX OF DISTRIBUTION PHASE 4 - OPERATOR NEEDS TO EMPTY HIS WAREHOUSE AT THIS LEVEL SO NEEDS MORE BUYERS TO COME (WHO THINKS THE NIFTY CAN GO TO 11200 LEVEL FROM HERE)(MAYBE I M WRONG) 5 - VOLUME ON BEARISH CANDLES IN THIS CONGESTION PHASE IS VERY HIGH BUT THOSE ON BULLISH (LAST 2) COMPARATIVELY LOW 6 - PRICE SPREAD ON BEARISH CANDLES WHICH HAS HIGH VOLUME IS LOW THAN THE BULLISH CANDLE WHICH HAS AVERAGE VOLUE - ANOMALY IT NEEDS EFFORT TO FILL THE GAP UPSIDE WHICH ISN'T THERE 5 - FOR MORE CONFIRMATION THERE IS DIVERGENCE ON THE OSCILLATORS 6 - CENTRAL PIVOT RANGE FOR COMING WEEK HAS THE SPREAD OF 102 POINTS WHICH MEANS THERE WILL BE LESS VOLATILITY THIS WEEK THIS COULD BE A FAKE BREAK OUT ON 200 DMA SO WAIT AND WATCH IS ALL WE CAN DO FOR NEXT FEW SESSIONS BUT DONT GO LONG NOW